経営者持株比率と収益性による炭素開示の減少
Mining Carbon Disclosure Declines With Managerial Ownership and Profitability (原題)
Meri Aprilianti, Eksa Ridwansyah, Umarudin Kurniawan
🤖 gxceed AI 要約
日本語
インドネシア証券取引所上場の鉱業企業60件（2021〜2024年）を対象に、内部持株比率・総資産・財務収益が炭素開示に与える影響を重回帰分析で検証。内部持株比率と収益性は環境透明性と有意な負の関係を示し、総資産は有意でなかった。高収益・高内部持株企業が自発的開示を抑制し、規制強化の必要性を示唆する。
English
Using multiple regression on 60 observations of Indonesian mining firms (2021–2024), this study finds that managerial ownership and profitability are significantly negatively associated with carbon disclosure, while total assets show no significant effect. The results suggest profitable, insider-heavy firms limit voluntary environmental transparency to avoid public pressure, underscoring the need for stricter mandatory disclosure rules.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本ではSSBJ基準・有価証券報告書でのサステナビリティ開示が義務化方向にあり、自発的開示の限界と規制の必要性を示す本知見は、日本企業の開示ガバナンス設計や投資家のエンゲージメント戦略に示唆を与える。
In the global GX context
As ISSB/SSBJ and CSRD push disclosure from voluntary to mandatory, this paper provides emerging-market evidence that voluntary carbon reporting can be strategically suppressed by profitable, insider-controlled firms — reinforcing the global policy case for mandatory climate disclosure regimes.
👥 読者別の含意
🔬研究者:新興国・資源セクターにおける開示決定要因の実証証拠として、コーポレートガバナンスと炭素開示の負の関係を検証する研究に有用。
🏢実務担当者:自発的開示が経営者持株比率や収益性に左右されることを理解し、開示ガバナンス体制の設計に活かせる。
🏛政策担当者:自発的開示の限界を示す証拠として、炭素開示の義務化・第三者検証制度の設計根拠になり得る。
📄 Abstract（原文）
General Background Environmental transparency illustrates the extent to which corporations report greenhouse gases generated from their operational activities. Specific Background The Indonesian mining sector is a primary contributor to national greenhouse gases, yet numerous coal enterprises fail to comprehensively report severe pollutants like methane. Knowledge Gap Previous literature yields inconsistent findings regarding how corporate governance and financial metrics relate to environmental reporting accountability. Aims This study analyzes the role of internal shareholding, total assets, and financial returns concerning climate reporting among mining firms listed on the Indonesia Stock Exchange from 2021 to 2024. Results Multiple linear regression analysis of 60 observational data points reveals that internal shareholding and financial returns exhibit a significant negative relationship with environmental transparency, whereas total assets demonstrate no significant association. Simultaneously, these variables account for 25.1 percent of the reporting variance. Novelty This research reveals that high internal holding and financial success unexpectedly reduce environmental transparency, as management prioritizes cost efficiency and financial stability over voluntary reporting. Implications The findings suggest that voluntary environmental reporting allows highly profitable mining firms to restrict transparency to avoid public pressure, indicating a critical need for stricter regulatory frameworks. Highlights: High internal shareholding significantly reduces environmental reporting transparency. Financial success correlates negatively with greenhouse gas accountability in the mining sector. Total corporate assets demonstrate no significant relationship with climate-related communication. Keywords: Managerial Ownership, Company Size, Corporate Profitability, Carbon Emissions, Environmental Disclosure
🔗 Provenance — このレコードを発見したソース
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。